ipad - All posts tagged ipad

Apple Inc.
and Chief Executive Officer Tim Cook reported on the consumer electronics giant\’s fiscal second-quarter results after the close of trading Wednesday. Apple posted a profit of $10.2 billion, or $11.62 a share, on $45.6 billion in sales, all gains from the same period a year ago. Apple also set a 7-for-1 stock split effective June 9. MarketWatch\’s Rex Crum (@mktwcrum) live-blogged the company\’s earnings conference call.

4:41 pm (EDT)

Apple reported results that topped Wall Street forecasts. The company earned $10.2 billion, or $11.62 a share, on revenue of $45.6 billion. During the year-ago period, Apple earned $9.5 billion, or $10.09 a share, on $43.6 billion in sales. Analysts surveyed by FactSet had forecast Apple to earn $10.19 a share on revenue of $43.67 billion.

If you want to take advantage of iOS 7.1, the latest update to Apple Inc.\’s operating system for mobile devices, which the company released on Monday, the first thing to better do is start deleting some of those photos or videos of your kids that you have stored on your iPhone or iPad.

With signs of slower growth for both the iPhone and the iPad, Apple will have to start mapping out a strategy for its next big leap.

And J.P. Morgan analysts Mark Moskowitz and Mike Kim think Apple will do just that with its own version of the \”Internet of Everything.\”

They’ve even come up with a name befitting an Apple project: \”iAnywhere.\”

“The growth arc in iPhone is flattening out, and iPad has not stepped up to become the next growth Chariot,” the J.P. Morgan analysts told clients in a note. “With replacement cycles elongating and competitive pressures likely increasing, we think iAnywhere could provide Apple a leapfrog event ahead of the competition.”

If you were still playing \”Angry Birds\” at the start of the year, you might not have known about \”Candy Crush Saga\” from developer King.com Ltd. But there was almost no way to avoid the game by the end of the year. For example, go back and scroll through your Facebook page and see how many times someone invited you to play the game.

The tablet market will still be dominated by Apple Inc. and Google Inc. in four years, according to IDC, but one player will have a significantly bigger share of the pie: Microsoft.

And Microsoft’s gains will come at Apple’s expense.

The idea of Apple surrendering market share to Microsoft may sound surprising, given the popularity of the iPad and the fairly downbeat reviews for Microsoft’s Surface, but this actually makes sense, some analysts said.

Apple Inc. gave Black Friday a new twist: Instead of discounts, the tech giant is offering gift cards. Shoppers on visiting the Apple Store website can get a $150 gift card for buying a $999 MacBook Air or for a $1,299 iMac or $75 for an iPad.

Apple saw its share of the tablet market drop in the third quarter, but the iPad could be poised for a big lift in the coming holiday shopping season.

More than third, or 35%, of those planning to buy a tablet this holiday season are leaning toward an iPad, according to a survey by Baird Equity Research.

In fact, 37% of those surveyed are planning to buy the iPad Air, while 36% are considering the iPad 2. There’s also “relatively stronger 10-inch interest” which, Baird says, should be good for margins.

Around 19% of those surveyed plan to buy a Google Nexus tablet, while while 16% will go for an Amazon Kindle, 14% for a Samsung tablet and 11% for a Microsoft Surface.

Apple Inc. hasn\’t said yet how well the iPad Air did over its launch weekend, but a teardown report from IHS iSuppli on Tuesday suggests the company has improved its profit margins on the full-sized tablet.

Bloomberg

IHS iSuppli estimates that it costs Apple about $310 to build the 16GB version of the iPad Air with cell connectivity. This version sells for $629 in the U.S. — implying a margin of about 51% for the device. IHS estimated a $358 build cost for the third-gen iPad last year at a similar point in its lifecycle, implying a margin of about 43% for that version.

It should be noted while that such teardown reports can estimate costs for acquiring components and assembling the device, they don\’t reflect other factors, such as the cost of embedded software or royalties paid on any technology. Investors tend to use these studies as a single data point. Apple\’s shares were trading down a fraction on Tuesday afternoon.

Apple has lost to retirement a top executive overseeing its iPhone and iPad operating systems. He departed the company a little more than a month after the release of iOS 7, the company’s largest mobile overhaul ever.

Amazon.com Inc.’s
launched a new Kindle MatchBook program Tuesday with more than 70,000 titles out of the gate.

Under the program, if you buy a print version of a book from Amazon that is registered with the MatchBook, you can get a Kindle version of the title for a reduced price: $2.99, $1.99, 99 cents, or even free. The program includes books that were purchased dating back to 1995, when Amazon was founded.

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